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The sudden Ethereum price growth is likely due to the Bitcoin price surge, which has finally regained the $72,000 level. At the time of this writing, the second largest cryptocurrency, Ethereum, isTwo recent posts by the aforementioned on-chain data providing account on X/Twitter show that several anonymous whales have purchased staggering amounts of ETH before it proceeded with its surge going up above $3,410.
Over the past 14 hours, two whales have purchased 10,322 ETH, paying $35.1 million in stablecoins. One whale, according to the tweet, used eight different wallets to buy approximately 6,145 ETH at roughly $3,395 per coin within the last nine hours. The other one bought 4,178 ETH for 14.25 million DAI, while ETH still traded at $3,410 – that happened approximately 14 hours ago.Aside from those two anonymous wallets, two other whales have grabbed a significant amount of Ethereum several hours ago.
The major surge of Ethereum watched by the market today likely resulted from the sudden price outbreak made by the world’s leading cryptocurrency, Bitcoin. Over the past few hours, BTC has printed three consecutive green candles, soaring to top the $72,000 level.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects.
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Source: Utoday_en - 🏆 295. / 63 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »